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On Tue, 27 Aug, 4:02 PM UTC
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UiPath Named a Leader in Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024
Solidifies market-leading position in the delivery of an end-to-end business automation platform that combines best-in-class AI-powered task analysis and automation UiPath (NYSE: PATH), a leading enterprise automation and AI software company recently announced that it was named a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 for the second consecutive year, the latest recognition of UiPath's strong market impact and vision for Continuous Discovery, which combines best-in-class, AI-powered task analysis and automation. The Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 is an annual industry assessment that evaluates the competitive technology landscape of task mining technology and key task mining trends. UiPath was named a Leader, and the report states, "UiPath enables companies to understand, automate, and operate end-to-end business processes and helps them achieve a state of continuous discovery and improvement by combining task mining, automation, process mining, and communications mining." The report notes, "Its unassisted task mining leverages AI/ML algorithms to classify and aid in the discovery of tasks, construct process maps, and determine the optimal variant." The report also states that UiPath is a top provider for task mining clients, and that UiPath has experienced approximately 150% year-over-year growth in task mining clients. "UiPath Task Mining helps enterprises achieve operational excellence by providing them with the data-driven approach to optimize and accelerate their automation journeys. Continuous investment in product enhancements, integration with its automation capabilities, and strong YOY growth in its task mining revenue and client base have led UiPath to be recognized as a Leader on Everest Group's Task Mining PEAK Matrix® Assessment 2024," said Amardeep Modi, Vice President at Everest Group. "Ease of setup and implementation, scalability, and ability to increase efficiency are some of the key strengths highlighted by its clients." UiPath Task Mining is part of UiPath Continuous Discovery, which allows organizations to mine data from business applications, desktop activities, and conversations for a holistic view of end-to-end processes. UiPath Task Mining takes a data-driven approach in analyzing employees' desktop activities, helping determine the best automation and process improvement opportunities. With AI-powered task analysis, businesses can identify areas for process improvement, revamp workflows, and implement process automation within the UiPath Business Automation Platform. "Continuous Discovery is essential for organizations to consistently identify the source of bottlenecks and inefficiencies so they can focus efforts on high return-on-investment automation and improvement opportunities. Using this technology, businesses can keep processes in their most optimized state," said Graham Sheldon, Chief Product Officer at UiPath. "With UiPath Task Mining, companies can gain objective data-driven insights into how people work and execute on automation ideas to increase efficiency and improve processes." This year, UiPath was also named a Leader for the fourth consecutive year in the Everest Group Process Mining Products PEAK Matrix® Assessment 2024. UiPath Process Mining transforms transactional data from backend systems such as SAP, Salesforce, ServiceNow, and Oracle into visual interactive dashboards. The dashboards provide a view of the as-is processes and KPIs, allowing users to identify process bottlenecks or discrepancies, and leverage AI to understand the root-causes or possible risks. In its evaluation of UiPath Process Mining, Everest Group reported that customers cited ease of use, process graph visualizations, integrations with external data sources, continuous monitoring capabilities, and ability to detect bottlenecks in processes as strengths. Everest Group's Digital Interaction Intelligence Products PEAK Matrix® Assessment provides analysis and insights on task mining vendors and products to assist enterprises in their selection processes. The findings -- based on an evaluation of vendors' impact on the market, overarching vision and product capabilities and support, innovation, and significant performance improvement -- are seen as benchmarks in standards and quality for the industry. As part of the evaluations, vendors are classified into Leaders, Major Contenders, and Aspirants, based on key dimensions. Everest Group defines Leaders as companies with strong growth momentum in the task mining market, that continue to differentiate with innovative features, and that focus on expanding their service and technology provider partnership ecosystem. Download the custom Everest Group Task Mining Products PEAK Matrix® Assessment 2024 report here. About UiPath UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation™.
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UiPath named a leader in Everest Group Digital Interaction Intelligence Products Peak Matrix
DUBAI, UNITED ARAB EMIRATES - UiPath, a leading enterprise automation and AI software company, today announced it was named a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 for the second consecutive year, the latest recognition of UiPath's strong market impact and vision for Continuous Discovery, which combines best-in-class, AI-powered task analysis and automation. The Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 is an annual industry assessment that evaluates the competitive technology landscape of task mining technology and key task mining trends. UiPath was named a Leader, and the report states, "UiPath enables companies to understand, automate, and operate end-to-end business processes and helps them achieve a state of continuous discovery and improvement by combining task mining, automation, process mining, and communications mining." The report notes, "Its unassisted task mining leverages AI/ML algorithms to classify and aid in the discovery of tasks, construct process maps, and determine the optimal variant." The report also states that UiPath is a top provider for task mining clients, and that UiPath has experienced approximately 150% year-over-year growth in task mining clients. Amardeep Modi, Vice President at Everest Group, said: "UiPath Task Mining helps enterprises achieve operational excellence by providing them with the data-driven approach to optimize and accelerate their automation journeys. Continuous investment in product enhancements, integration with its automation capabilities, and strong YOY growth in its task mining revenue and client base have led UiPath to be recognized as a Leader on Everest Group's Task Mining PEAK Matrix Assessment 2024. Ease of setup and implementation, scalability, and ability to increase efficiency are some of the key strengths highlighted by its clients." UiPath Task Mining is part of UiPath Continuous Discovery, which allows organizations to mine data from business applications, desktop activities, and conversations for a holistic view of end-to-end processes. UiPath Task Mining takes a data-driven approach in analyzing employees' desktop activities, helping determine the best automation and process improvement opportunities. With AI-powered task analysis, businesses can identify areas for process improvement, revamp workflows, and implement process automation within the UiPath Business Automation Platform. Graham Sheldon, Chief Product Officer at UiPath, said: "Continuous Discovery is essential for organizations to consistently identify the source of bottlenecks and inefficiencies so they can focus efforts on high return-on-investment automation and improvement opportunities. Using this technology, businesses can keep processes in their most optimized state. With UiPath Task Mining, companies can gain objective data-driven insights into how people work and execute on automation ideas to increase efficiency and improve processes." This year, UiPath was also named a Leader for the fourth consecutive year in the Everest Group Process Mining Products PEAK Matrix® Assessment 2024. UiPath Process Mining transforms transactional data from backend systems such as SAP, Salesforce, ServiceNow, and Oracle into visual interactive dashboards. The dashboards provide a view of the as-is processes and KPIs, allowing users to identify process bottlenecks or discrepancies, and leverage AI to understand the root-causes or possible risks. In its evaluation of UiPath Process Mining, Everest Group reported that customers cited ease of use, process graph visualizations, integrations with external data sources, continuous monitoring capabilities, and ability to detect bottlenecks in processes as strengths. Everest Group's Digital Interaction Intelligence Products PEAK Matrix® Assessment provides analysis and insights on task mining vendors and products to assist enterprises in their selection processes. The findings -- based on an evaluation of vendors' impact on the market, overarching vision and product capabilities and support, innovation, and significant performance improvement -- are seen as benchmarks in standards and quality for the industry. As part of the evaluations, vendors are classified into Leaders, Major Contenders, and Aspirants, based on key dimensions. Everest Group defines Leaders as companies with strong growth momentum in the task mining market, that continue to differentiate with innovative features, and that focus on expanding their service and technology provider partnership ecosystem. Download the custom Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 report here. About UiPath UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation™.
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UiPath, a leading enterprise automation software company, has been named a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024. This recognition highlights UiPath's strong market impact and vision for its AI-powered automation solutions.
UiPath, a prominent enterprise automation software company, has secured a coveted position as a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 1. This prestigious recognition underscores UiPath's significant market impact and forward-thinking vision in the realm of AI-powered automation solutions.
The Everest Group's assessment evaluated various aspects of UiPath's offerings, including:
UiPath's strong performance across these criteria solidified its position as a Leader in the assessment 2.
At the core of UiPath's success is its AI-powered automation platform, which includes:
These tools work in tandem to provide organizations with comprehensive insights into their business processes, enabling them to identify automation opportunities and optimize workflows efficiently 1.
UiPath's solutions have been instrumental in helping businesses:
The company's commitment to continuous improvement and innovation in AI-powered automation has positioned it as a trusted partner for organizations seeking to streamline their operations and stay competitive in an increasingly digital landscape 2.
UiPath's recognition as a Leader in the Everest Group assessment reflects its growing influence in the digital interaction intelligence market. As businesses continue to prioritize automation and AI-driven solutions, UiPath is well-positioned to capitalize on this trend and further expand its market presence.
The company's focus on developing cutting-edge AI technologies and integrating them into its automation platform suggests a promising future for UiPath and its clients. As organizations increasingly rely on intelligent automation to drive their digital transformation efforts, UiPath's leadership position in the industry is likely to strengthen further 1.
UiPath, a leading enterprise automation and AI software company, has been positioned as the highest-designated leader in the Everest Group Intelligent Automation Platforms PEAK Matrix Assessment 2024, showcasing its innovative AI-driven automation solutions.
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UiPath, a leading enterprise automation software company, has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation. This marks the company's sixth consecutive year in the Leaders quadrant.
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UiPath, a leading enterprise automation and AI software company, recognizes top partners and customers for their innovative use of AI and automation technologies at its global FORWARD conference.
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UiPath, a leading enterprise automation company, has integrated Anthropic's Claude 3.5 Sonnet LLM into its platform, enhancing AI capabilities across multiple products and introducing new solutions for improved productivity and decision-making.
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UiPath, a leading enterprise automation company, has acquired Peak.ai to enhance its agentic AI solutions for businesses. The move aims to strengthen UiPath's vertical AI strategy and expand its market presence in retail and manufacturing sectors.
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